Alibaba Files 20-F Annual Report

TL;DR

Alibaba's 20-F is in, check the financials for FY ending 3/31/24.

AI Summary

Alibaba Group Holding Ltd filed its annual 20-F report for the period ending March 31, 2024. The filing details the company's financial performance and business operations. Key financial data and operational segments are presented, including information on innovation initiatives and other segments.

Why It Matters

This filing provides investors with a comprehensive overview of Alibaba's financial health and strategic direction for the fiscal year, crucial for investment decisions.

Risk Assessment

Risk Level: medium — Annual 20-F filings are standard disclosures, but the complexity of Alibaba's business and global operations introduces inherent risks.

Key Numbers

• 20240331 — Reporting Period End Date (Indicates the end of the fiscal year for which the report is filed.)
• 20240523 — Filing Date (The date the 20-F report was officially submitted to the SEC.)

Key Players & Entities

• Alibaba Group Holding Ltd (company) — Filer of the 20-F report
• 20240331 (date) — End of the reporting period
• 20240523 (date) — Filing date
• 001-36614 (dollar_amount) — SEC File Number

FAQ

Key Financial Figures

• $0.000003125 — gistered Ordinary Shares, par value US$0.000003125 per share 9988 (HKD Counter) 89988
• $21.6 billion — n fiscal year 2024, Alibaba generated US$21.6 billion in free cash flow. It is the responsibi
• $2.5 b — ime in company history, a dividend of US$2.5 billion, and we repurchased US$12.5 billi
• $12.5 billion — of US$2.5 billion, and we repurchased US$12.5 billion of our own shares, which resulted in a
• $0.000025 — ares was correspondingly changed from US$0.000025 per Share to US$0.000003125 per Share,
• $100,000 — , our authorized share capital became US$100,000 divided into 32,000,000,000 Shares of p

Filing Documents

• baba-20240331.htm (20-F) — 8807KB
• baba-ex2_18.htm (EX-2.18) — 533KB
• baba-ex4_1.htm (EX-4.1) — 88KB
• baba-ex4_5.htm (EX-4.5) — 64KB
• baba-ex4_21.htm (EX-4.21) — 1264KB
• baba-ex8_1.htm (EX-8.1) — 18KB
• baba-ex11_2.htm (EX-11.2) — 108KB
• baba-ex12_1.htm (EX-12.1) — 16KB
• baba-ex12_2.htm (EX-12.2) — 16KB
• baba-ex13_1.htm (EX-13.1) — 9KB
• baba-ex13_2.htm (EX-13.2) — 9KB
• baba-ex15_1.htm (EX-15.1) — 5KB
• baba-ex15_2.htm (EX-15.2) — 4KB
• baba-ex15_3.htm (EX-15.3) — 14KB
• baba-ex15_4.htm (EX-15.4) — 10KB
• baba-ex16_1.htm (EX-16.1) — 6KB
• baba-ex97_1.htm (EX-97.1) — 49KB
• img71329637_0.jpg (GRAPHIC) — 4KB
• img88834256_0.jpg (GRAPHIC) — 125KB
• img88834256_1.jpg (GRAPHIC) — 26KB
• img88834256_2.jpg (GRAPHIC) — 67KB
• img88834256_3.jpg (GRAPHIC) — 497KB
• img88834256_4.jpg (GRAPHIC) — 125KB
• img88834256_5.jpg (GRAPHIC) — 26KB
• img88834256_6.jpg (GRAPHIC) — 67KB
• img132101224_0.jpg (GRAPHIC) — 17KB
• img193378541_0.jpg (GRAPHIC) — 5KB
• 0000950170-24-063767.txt ( ) — 31809KB
• baba-20240331.xsd (EX-101.SCH) — 2745KB
• baba-20240331_htm.xml (XML) — 5370KB

Item 18

Item 17 Item 18 If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b2 of the Securities Exchange Act of 1934). Yes No (APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS) Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes No Table of Contents TABLE OF C ONTENTS Page LETTER FROM OUR CHAIRMAN AND OUR CEO TO SHAREHOLDERS ii CONVENTIONS THAT APPLY TO THIS ANNUAL REPORT ON FORM 20F v

FORWARD-LOOKING STATEMENTS

FORWARD-LOOKING STATEMENTS x PART I ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS 1 ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE 1 ITEM 3. KEY INFORMATION 1 ITEM 4. INFORMATION ON THE COMPANY 70 ITEM 4A. UNRESOLVED STAFF COMMENTS 119 ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS 119 ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES 150 ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS 165 ITEM 8. FINANCIAL INFORMATION 179 ITEM 9. THE OFFER AND LISTING 180 ITEM 10. ADDITIONAL INFORMATION 181 ITEM 11.

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 189 ITEM 12.

DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES

DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES 190 PART II ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES 195 ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS 195 ITEM 15.

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 195 ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT 196 ITEM 16B. CODE OF ETHICS 196 ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES 196 ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES 196 ITEM 16E. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS 196 ITEM 16F. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT 197 ITEM 16G. CORPORATE GOVERNANCE 198 ITEM 16H. MINE SAFETY DISCLOSURE 199 ITEM 16I. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 199 ITEM 16J. INSIDER TRADING POLICIES 200 ITEM 16K. CYBERSECURITY 200 PART III ITEM 17.

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS 200 ITEM 18.

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS 200 ITEM 19. EXHIBITS 202 i Table of Contents LETTER FROM OU R CHAIRMAN AND OUR CEO TO SHAREHOLDERS Dear Shareholders, Our fiscal year ended March 31, 2024 was a watershed. It was a year in which Alibaba made several pivots toward strategic clarity. This clarity has helped us to define who we are, our direction, and how we will execute our strategy. We believe it is important to share the thought process we went through this past year, and what it means for Alibaba in the future. Who We Are Alibaba has two core businesses: e-commerce and cloud computing. As part of the consumer economy in China, we have developed an ecosystem of Internet platforms to tap into opportunities in local services, communications, search, and digital entertainment. In e-commerce, we run Taobao and Tmall Group (TTG), which includes platforms for the domestic China consumer and business-to-business markets, and Alibaba International Digital Commerce Group (AIDC), which includes platforms for the international consumer and business-to-business markets. Other divisions in the company provide strategic value by bringing synergies that make our e-commerce businesses more valuable. For example, the on-demand delivery business Ele.me provides the infrastructure for instant delivery of fresh and perishable items purchased from our e-commerce platforms; and our logistics subsidiary Cainiao provides the supply chain, transport, and delivery capabilities to create a great experience for the consumers shopping on the TTG and AIDC platforms. In cloud computing, we aim to be the leading public cloud infrastructure and platform technology provider in China, supplying a broad range of capabilities to our customers, including elastic computing, storage, network infrastructure, security, big data, and artificial intelligence (AI). Our Strategic Direction We have chosen two important paths for the strategic direction of our business. As leaders of the company

View Full Filing

View this 20-F filing on SEC EDGAR